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A stock has an expected return of 16 percent, the risk-free rate is 4.5 percent, and the market risk premium is 8 percent. What must

A stock has an expected return of 16 percent, the risk-free rate is 4.5 percent, and the market risk premium is 8 percent. What must the beta of this stock be? 1.44 1.22 1.03 0.87

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